![]() Asset Class: | Industrial |
![]() Price: | $ 1275000 |
![]() Net Yield: | 6.00 % |
![]() Net Yield - including solar strategy: | % |
![]() Property Market Status: | On Market |
Located in the highly demanded northern suburbs of Brisbane, 3/32 French Avenue offers a premium industrial space that rarely comes to market. Spanning 327m², this modern property boasts approved mezzanine space, epoxy flooring, LED lighting, and NBN readiness. With large roller door access, 8m clearance, and convenient amenities like a kitchenette and toilet, the property is designed for flexibility, making it ideal for trade, showroom, or industrial use. Ample onsite parking and industry zoning further enhance its appeal. <br><br>Demand for properties of this caliber in Brendale’s thriving industrial hub is exceptionally high, driven by its strategic location just 1.2km from Strathpine Train Station and 3.7km from the M3 Motorway. With proximity to Brisbane CBD, Brisbane International Airport, and the Port of Brisbane, this is a rare chance to secure a high-quality asset in a low-vacancy market. Perfect for investors portfolios or first commercial property, this opportunity won’t last long.
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<span style="">Brendale, located 20 kilometers north of Brisbane’s CBD, is a thriving industrial and commercial hub within the Moreton Bay Region. Known for its strategic position and excellent connectivity, the suburb benefits from proximity to major transport corridors, including the Bruce Highway, Gympie Road, and the Gateway Motorway, making it an attractive destination for businesses and investors alike.</span><br><br><span style="">The suburb has experienced steady population growth due to its affordability and proximity to key employment areas. Brendale supports a diverse range of industries, including manufacturing, logistics, and retail, fostering a robust local economy. The area boasts low commercial property vacancy rates, reflecting strong tenant demand and investment stability.</span><br><br><span style="">Brendale is also home to well-established industrial estates, retail centers, and a variety of amenities, including cafes and fitness facilities. Its well-planned infrastructure caters to both businesses and employees, ensuring continued appeal for investors seeking high-yield opportunities.</span><br><br><span style="">The broader Queensland market further strengthens Brendale’s appeal, with the state enjoying consistent economic growth, infrastructure development, and a business-friendly environment. With these advantages, Brendale stands out as a secure and promising location for commercial investment.</span><br><br><span style="">Moreton Bay City Council - Queensland’s Newest City </span><br><br><span style="">The Moreton Bay local government will adopt a new name as Moreton Bay City Council following a recent surge in population growth. The local government is one of the fastest growing in the country currently serving a population of more than 480,000. This figure is expected to continue to rise significantly to close to 700,000 by 2041. </span><br><br><span style="">It is anticipated that the new title will benefit investments being spread evenly throughout the broader council area and will create many more local jobs and employment opportunities. The recent announcement compliments many other developments in the region including the addition of the Redcliffe Dolphins to the NRL and the $500 million* in funding for the Moreton Daily Stadium from both government and council.</span>
Additional Location Information FileLeaseback details:<br>• 18mth leaseback on settlement<br>• $234/sqm Net<br>• 100% of outgoings payable by tenant (Including property mgmt. fees)<br>• CPI annual increases<br>• Cost of finding a tenant lies with the vendor (so they can relieve their tenancy asap)<br>• 3 month bond held in agents trust account
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Leasing: 4/32 French Av, Brendale - 327sqm - $234/sqm 1/75 Flinders Parade, North Lakes - 310sqm - $230/sqm 1/71 Flinders Parade, North Lakes - 401sqm - $230/sqm 3/106 Flinders Parade, North Lakes - 201sqm - $230/sqm 5 Torres Crescent, North Lakes - 581sqm - $220/sqm 4/24 Burke Crescent, North Lakes - 374sqm - $224/sqm 6/26 Flinders Parade, North Lakes - 319sqm - $227/sqm Build: 4/32 French Av, Brendale - 327sqm - $3,900/sqm 2/105 Flinders Parade, North Lakes - 397sqm - $4,156/sqm 2/59 Flinders Parade, North Lakes - 412sqm - $4,611/sqm
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Negotiated Price: $1,275,000<br>Asking Price: <span style="color:rgb(51, 51, 51);">$1,390,000</span><br><br>Net lettable area of 327sqm (249sqm ground floor + 78sqm approved mezzanine)<br>6 units ranging from 286sqm* to 367sqm*<br>All units with approved mezzanine spaces<br>All units with kitchenette & toilet amenities<br>Large roller door access to each unit<br>LED Lighting<br>NBN Ready<br>Finished Epoxy flooring<br>8m* clearance<br>Suitable for display/showroom<br>Ample onsite car parking<br>Industry Zoning<br>Strathpine Train Station 1.2km*<br>M3 Motorway 3.7km*<br>Brisbane International Airport 16.2km*<br>Brisbane CBD 17.8km*<br>Port of Brisbane 20.5km*<br>Set within Brendale's 'New Base' precinct